What are the fees associated with a bond?

When purchasing a bond, there are two additional costs to keep in mind beyond the trade price.

Hapi charges 0.35% of the transaction value, with a minimum of $3.99 per trade. This fee applies to both Treasury and corporate bonds.

Accrued interest is the interest a bond has generated since its last coupon payment date. When you buy a bond between payment dates, you pay the seller for the interest accumulated during that period.

You can see the accrued interest broken out on the order confirmation screen before completing your trade.

Need help? You can contact the support team from within the app.

👉 The support team does not provide investment, tax, or legal advice.